A Portfolio Had an Original Value of $7,400 Seven Years

question 26

Multiple Choice

A portfolio had an original value of $7,400 seven years ago. The current value of the portfolio is $11,898. What is the average geometric return on this portfolio?

• A)7.02%
• B)7.47%
• C)7.59%
• D)7.67%
• E)7.88%

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Definitions:

Mitosis

Cell division resulting in two daughter cells with exactly the same number and type of chromosomes as the mother cell.

Graafian Follicle

A mature ovarian follicle that contains a fully matured ovum, or egg.

Antrum

A cavity or chamber, often within a bone or a hollow organ, such as the stomach.

Secondary Oocyte

An immature egg cell that forms from a primary oocyte after the first meiotic division but before the second division is completed, arrested in metaphase II until fertilization.